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Biotech / Medical : BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V}

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To: tuck who wrote (257)3/9/2000 11:58:00 AM
From: BRAVEHEART  Read Replies (3) of 423
 
Hi Gang,

OK I decided to take a speculative position based on the following thoughts.

1 st The MACD line shows accumulation since Feb the 14th. Could be this secondary will fly this time.

2 nd My assumption is this money will be used to make some key acquisition. I am unfamiliar with the sector so I havn't a clue what it might be but obviously they need the money for something. Question is what.

3rd If the secondary does fly it is likely we will see a stream of positive news so it can be sold off if that is their goal. The acquisition will likely be the main event.

4th Little selling volume with gaps up on low volume suggest DSCM will take off quickly if Daytraders move in like before.

5th The fact that insiders etc agreed to extend their lockup period suggests they believe this move will benefit the shareprice. Bottom line mentality.

My only concern is the perception I have that the sector is out of favior. If it drops oh well...Too many unknowns & not enough answers...

IPET did take off today so maybe there is renewed interest in the sector.

Base forming @ between $19 & $21 I Hope...

BEST WISHES
Jeffrey

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